Mutual funds most used by DC plans, by asset class 2022

U.S. defined contribution assets, in millions, as of June 30, 2022.
U.S. equity funds
RankFundAssets
1Fidelity 500 Index$158,414
2Vanguard Inst'l Index-Inst. Pl.$85,971
3Vanguard Inst'l Index-Inst.$45,375
4Dodge & Cox Stock$43,364
5American Funds Growth Fund Amer.$37,471
6Vanguard 500 Index-Adm.$28,492
7Vanguard PRIMECAP-Adm.$28,232
8T. Rowe Price Blue-Chip Growth$24,760
9Fidelity Contrafund$22,564
10American Funds Washington Mutual$21,572
U.S. fixed income funds
RankFundAssets
1PIMCO Total Return$21,885
2Vanguard Total Bond Mkt. Idx.-Inst.$21,885
3Dodge & Cox Income$15,546
4Fidelity U.S. Bond Index$15,275
5PIMCO Income$12,366
6Vanguard Tt. Bd. Mk. Idx.-Inst. Pl.$12,003
7PGIM Total Return Bond-R6$10,657
8Vanguard Total Bond Mkt. Idx.-Adm.$8,459
9Western Asset Core-Plus Bond$7,126
10American Funds Bond Fund Amer.$5,050
International/global equity funds
RankFundAssets
1American Funds EuroPacific Growth$78,776
2American Funds New Perspective$19,200
3Vanguard Total Int'l Stk.-Inst.$15,437
4Fidelity International Index$14,067
5Dodge & Cox International Stock$13,773
6Vanguard International Growth-Adm.$12,292
7American Funds Capital World G&I$10,093
8Invesco Developing Markets$7,788
9American Funds New World$7,540
10Vanguard Dev. Mkt. Idx.-Inst. Pl.$6,768
International/global fixed income funds
RankFundAssets
1PIMCO International Bond (USD-H)$1,588
2Templeton Global Bond$1,134
3American Funds Capital World Bond$937
4PGIM Global Total Return-R6$841
5DFA Five-Year Global Fixed Income$509
6MFS Emerging Markets Debt$497
7Brandywine Global-Global Opp.$449
8Invesco International Bond$329
9Invesco Global Strategic Income$328
10Putnam Diversified Income Trust$300
Balanced/asset allocation funds
RankFundAssets
1American Funds American Balanced$30,248
2Vanguard Wellington-Adm.$25,902
3Fidelity Balanced$10,318
4BlackRock Global Allocation$7,308
5Fidelity Puritan$7,191
6John Hancock Multimgr. Life Gr.$6,403
7Vanguard Balanced Index-Inst.$6,261
8John Hancock Multimgr. Life Bal.$6,042
9American Funds Income Fund Amer.$5,673
10MFS International Diversification$5,620
Target date funds
RankFundAssets
1Vanguard Target Retirement 2030$48,063
2Vanguard Target Retirement 2035$44,832
3Vanguard Target Retirement 2025$43,315
4Vanguard Target Retirement 2040$41,033
5Vanguard Target Retirement 2045$36,318
6American Funds 2030 Target Ret.$31,628
7Vanguard Target Retirement 2050$29,832
8American Funds 2035 Target Ret.$27,547
9American Funds 2025 Target Ret.$26,037
10Vanguard Target Retirement 2020$24,407
Money market funds
RankFundAssets
1Vanguard Federal Money Market$26,437
2Fidelity Gov't Cash Reserves$16,755
3Fidelity Gov't Money Market$14,151
4Vanguard Cash Res. Fed. MM-Adm.$8,195
5Fidelity MM Gov't Portfolio$7,084
6Federated Hermes Gov't Obligations$6,889
7Vanguard Treasury Money Market$6,684
8American Funds U.S. Gov't MM$5,316
9Federated Hermes Treasury Oblig.$2,529
10John Hancock VIT Money Market$1,685
Real assets funds
RankFundAssets
1Vanguard Inflation Protected-Inst.$6,717
2Vanguard Real Estate Index-Inst.$4,607
3PIMCO Real Return$4,297
4Vanguard Inflation Protected-Adm.$2,725
5Vanguard Real Estate Index-Adm.$2,649
6PIMCO CommodityRealReturn$1,517
7Fidelity Inflation-Protected Bond$1,495
8DFA Inflation-Protected Secs.$1,436
9DFA Real Estate Secs.$1,302
10BlackRock Inflation-Protected Bond$1,191
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